Inversion of Euro

13 gen 2015

The Swissy is keeping its form as an almost perfect inversion of the Euro. Following the same consolidation pattern after hitting highs at 1.020, the CHF retreated. The dollar index is still below resistance 92.50 sitting around 92.30. My take is the dollar is going to need a push to break higher. Data over the next 2 days should do the trick if better than expected.